Paul Farley
Thinking about becoming a Realtor/getting into Real Estate
Let me give a brief overview. My name is Paul and I am 27. For the past 2 years I have been working for a marketing company. One of our largest divisions is Real Estate and I am the head of our Real Estate department....
Mike Sheppard
401k Question - To pull money out, or leave it
Hello everyone. I am new to investing and getting very close to finally getting my feet wet. Over the last couple of years my mindset has turned 180 degrees and I now look for investments rather than higher paying mor...
Cody Brown
Dave Ramsey Investment Approach
Hey, guys!So I was wondering if any of you follow Dave Ramsey and what you think about his advice on buying real estate? For those of you who don't know, Dave Ramsey suggests a zero debt, 100% down policy for practica...
Michael Morrongiello
Need Solution to KEEP someone IN their House + Plus GET CASH to settle obligations
Situation:Have a family that is going thru a DIVORCE and that owns a $2M+ valued home. Home is located in a VERY HOT Market place. They only owe about $270,000 on a 1st lien that dates back to 2021 which is at 2.875% ...
Kevin Martin
Buying a House with Exisitng Tenant
I have a home under contract to buy from a wholesaler. There is an exisitng tenant but they are suppose to be family members of the current owner. The wholesaler said they don't have a current lease with the owner but...
Joe Tomko
Did I just find a Roth IRA Pitfall?
I recently learned something and I want to confirm whether or not it is correct. My father may end up in a nursing home in the coming months. I just learned that virtually everything my parents own is suceptible to ...
Adam Spencer
Help on deal analysis
Hey, guys hope everyone is having a good day. I need some help on an off-market deal I got from a bandit sign.The home is question is about 1mi from EMU in Ypsilanti, MIThe home is a 6bd 2.5ba at about 2000sqft.Gross ...
Etan Ofrane
Can't get equity out of my investment property.
Hi all. I live in Jersey City, NJ and I recently bought a single family home right next to the one I live in for $750K. I paid cash with money from a 1031 exchange as well as a home equity line of credit from my pri...
Account Closed
Partner or Flip to build capital
My long term goal is to build a portfolio of rental properties. I'm thinking about starting to rehab and flip homes to build more capital to invest in apartments. Does it make more sense to find partners and invest ...
Michael G
Ultra-basic tax example
Hello friends,
As I get closer to buying my first rental unit, I am thinking more about taxes. I know depreciation can be used to offset rental income. I have a few questions about what the government considers incom...